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Published on Friday, March 5, 2021

Financial Regulation: Weekly Update. March 05, 2021

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

Key points

  • Key points:
  • EBA issues a consultation on Pillar 3 disclosures of ESG risks and issues advice to the EC on KPIs for environmentally sustainable activities including a Green Asset Ratio (GAR)
  • ECB issues guidelines for assessing penalties for regulatory breaches
  • EBA issues final guidelines on ML/TF risk factors, and a biennial opinion with an interactive tool
  • European Commission adopts regulatory technical standards to identify economic downturns
  • IOSCO issues its work program for 2021

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